Question : APPROACH PAPER OF TWELFTH FIVE YEAR PLAN

(a) whether the work related to Twelfth Five Year Plan has been completed;

(b) if so, whether the Twelfth Five Year Plan has been based on the growth rate/GDP growth rate;

(c) if so, the details thereof;

(d) whether the Twelfth Five Year Plan is likely to be affected by the global recession and Euro crisis;

(e) if so, whether any provision has been made in the Twelfth Five Year Plan with regard to maintaining the high growth rate and to make more investment in human resources including the infrastructure sector; and

(f) if so, the details thereof?

MINISTER OF STATE FOR PLANNING, SCIENCE & TECHNOLOGY AND EARTH SCIENCE (DR. ASHWANI KUMAR)

(a) : No, Madam.

(b) & (c): The Approach to the Twelfth Plan that was approved by the National Development Council (NDC) in its 56th meeting held on October 22, 2011 lays down the broad outline for the Plan. The Approach indicates that the objective of the Twelfth Plan would be ‘Faster, Sustainable and More Inclusive Growth”. It sets a target growth rate of 9 per cent for the Plan period.

(d) to (f): The Approach to the Twelfth Plan indicates that in view of the uncertainties in the global economy and the challenges in the domestic economy achieving targeted growth rate of 9 per cent would be feasible only if some difficult decisions are taken. The approach to the Twelfth Plan maintains that health, education, skill development, training and infrastructure building will continue to be focus areas in the Twelfth Plan and that adequate resource will have to be provided to these sectors during the Plan.